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Luxury BTL with the Lightbox Sheffield

The new luxury BTL development Lightbox is situated right in the heart of Sheffield’s creative hub and is well served by transport links, being just a short walk away from Sheffield’s railway station. City centre amenities are also easily accessible from the development. The Lightbox will consist of 129 one-and two-bedroom luxury apartment and studios…. Read more

The post Luxury BTL with the Lightbox Sheffield appeared first on Property118.com.

Recommendations for International Tenant Referencing?

Can anyone recommend a good referencing agency for tenants who have recently lived overseas? I am only aware of one, TenantVerify, and am unable to find any reviews, positive or negative. The tenants I have in mind come from Romania, and all I can find…

COURT OF APPEAL UPDATE – West Brom Tracker case

Our legal team were superb at The Court of Appeal. Three judges sat on the panel to hear our case, two Lords Justices of Appeal and one Lady Justice, the most eminent being the Rt Hon Lord Justice Leveson, President of the Queen’s Bench Division and third most senior Judge in the UK For those… Read more

The post COURT OF APPEAL UPDATE – West Brom Tracker case appeared first on Property118.com.

Shared rental income now unravelling!

For a couple of years now, my unmarried partner and I have been sharing rental income from her old (leasehold) flat, which she owns outright. It never occurred to us that we couldn’t split the income in this way. It was a way of rewarding me for loss of rent-a-room income when she moved into… Read more

The post Shared rental income now unravelling! appeared first on Property118.com.

Changing 6month advanced rent to paying monthly?

My tenant has been paying their rent six months in advance for the last year. They’ve now asked to pay monthly. Anything I should be aware of, do I need another credit check? Many thanks Ian

The post Changing 6month advanced rent to paying monthly? appeared first on Property118.com.

Landlords profits improved by buy to let rush

Buy to let landlords have experienced total annual returns of 12.2% over the past year assisted by the increase of purchases prior to the stamp duty deadline on April 1st. Average rents across England and Wales now stand at £791 a month, following a 3% increase over the year. The Midlands experienced the fastest rent… Read more

The post Landlords profits improved by buy to let rush appeared first on Property118.com.

Deduction of tenant debt from Housing Benefit?

Could anyone please let me know if it is possible to have a small sum of money deducted from a tenant’s housing or other benefit payment following an eviction where the tenant has got a county court judgment. I know this may seem a futile exercise where a landlord claiming would probably only get a… Read more

The post Deduction of tenant debt from Housing Benefit? appeared first on Property118.com.

Share offer has gone live to the general public

The share offer in LettingSupermarket.com has gone live to the general public via the Seedrs crowdfunding website. The crowdfunded share offer was restricted to Property118 members until now. Well over a hundred Property118 members completed the “Expression of Interest” form and I know that Chris Sheldon (Managing Director) has been busy talking to interested parties… Read more

The post Share offer has gone live to the general public appeared first on Property118.com.

We go to court tomorrow – wish us Luck! (West Brom Tracker Case)

This could be a historic day for all Buy to Let Landlords! The case of MARK ROBERT ALEXANDER (as representative of the “Property 118 Action Group”) Claimant – and – WEST BROMWICH MORTGAGE COMPANY LTD Defendant will be at 10 am on Thursday 28th April 2016 at Royal Courts of Justice, Strand, City of Westminster,… Read more

The post We go to court tomorrow – wish us Luck! (West Brom Tracker Case) appeared first on Property118.com.

Tenant disappears after a CCJ was lodged against her?

A woman rented one of our properties and then left leaving it in a terrible condition. We lodged a small claims court against her and the bailiffs were sent to her fathers house where she lives. He lives in a very expensive house in Cheshire and so cou…

Refused payment on service charge?

I have paid our landlord by cheque our service charge less an amount that I am in dispute hence not the full amount asked for. They have refused the cheque and say that it has been shredded and have now employed a solicitor to collect arrears! As far a…

Shawbrook Bank produce a report on the evolution of the HMO market

Shawbrook Bank are now one of the most popular niche lenders in the property investment market with BTL, refurb, HMO, Bridging and Bridging to BTL products. They are one of the few that will consider loans on a case by case basis and not merely by cred…

Small block of 6 flats with no block policy insurance?

I have a flat in a small block of 6 flats. We do not have a communal entrance or communal hallways. Each flat has its own individual front door, almost like a house. As per terms of the lease, Freeholders do not provide us with block insurance or any m…

Small block of 6 flats with no block policy insurance?

I have a flat in a small block of 6 flats. We do not have a communal entrance or communal hallways. Each flat has its own individual front door, almost like a house. As per terms of the lease, Freeholders do not provide us with block insurance or any m…

Tenant caused extensive damage and now refuses to pay rent!

I have a tenant who has caused extensive damage to my property on numerous occasions in the last few months. He’s been charged with criminal damage twice; convicted once, and pled not guilty to the latest charge claiming the police broke down the door to the property, therefore they are liable. The reason the police… Read more

The post Tenant caused extensive damage and now refuses to pay rent! appeared first on Property118.com.

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